Report: Future Health, Care and Wellbeing

With annual global growth in healthcare forecast to reach to $18.28 trillion by 2040, a new report commissioned by international healthcare specialists, Allianz Care has been published exploring some of the likely impacts and repercussions this is likely to have, including how individuals and organisations need to respond.

Launched as part of its ‘The World in 2040 futurology series, the report reveals key healthcare predictions for 2040, including how ‘predictive medical data mining’ will provide early warnings of physiological trouble ahead or indications of disease as it develops.

It also predicts Artificial Intelligence (AI) ‘chatbots’ equipped with deep learning algorithms will comprise an important part of health triage.

It finds:

• The annual global healthcare market is estimated is currently growing at 4.3% each year
• Up to 80% of people no longer respond to the ten most often prescribed drugs for common maladies
• By 2040 medical science will have collected DNA sequencing data from tens of millions of patients and analysis of this vast data pool will enable far more accurate associations and correlations to be made between diseases and gene sequences.
• In years to come, data collected from wearables, from smartphone apps and from sensors, will provide the monitoring and recording of metabolic, cardiovascular and gastrointestinal conditions